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New Property Tax “Uncapping” Exemption Will Help Keep Your Home, Vacation Property or Cottage in the Family
January 28th, 2015
Michigan has a new law, Public Act 310 of 2014, which has expanded the transfer of residential property to and from certain family members, trusts and probate estates, without causing the taxable value of the property to be “uncapped”. This is gr…
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New Court Case: Landlords must make reasonable efforts to contact police when criminal activity is occurring in common areas of rental property.
February 5th, 2014
On July 30, 2013, the Michigan Supreme Court ruled in the case of Bailey v Schaaf, that Landlords have a duty to make reasonable efforts to contact police when they know about criminal acts occurring in common areas of rental property which may cause…
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Categories: Real Estate
NEW MICHIGAN LAW FOR TRANSFERRING RESIDENTIAL PROPERTY WITHOUT UNCAPPING PROPERTY TAX
January 21st, 2014
On December 31, 2013 a new Michigan law, MCL 211.27a(7)(s), took effect which allows for a transfer of residential property between relatives of the 1st degree without uncapping property tax values. The new law is essentially an exemption to what con…
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Categories: Real Estate
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